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Cryptocurrency News Articles

The Rise and Fall of the TRUMP Token: A Market Analysis of Top Token Holders

Jan 23, 2025 at 01:05 am

The TRUMP token began its life on the Solana blockchain with its 1 billion tokens available for sale. Two hundred million were released to the public

The Rise and Fall of the TRUMP Token: A Market Analysis of Top Token Holders

United States President Donald Trump began issuing a new TRUMP token before his inauguration. Media outlets covered people discussing the new token, which created a major market boost. The TRUMP token increased its fully diluted valuation (FDV) by 450 times during 48 hours, starting at $0.1824 and reaching $82 within 48 hours of release. New buyers made big returns, but many people missed out when prices rose too high.

The $TRUMP token began its life on the Solana blockchain with its 1 billion tokens available for purchase. Two hundred million were released to the public during the initial coin offering (ICO). At the same time, two Trump-affiliated entities, CIC Digital LLC and Fight Fight Fight LLC, held the remaining 800 million. The entities will distribute these tokens over three years.

Right after launch, the $TRUMP token skyrocketed in value. After launching at under $10, the token reached its highest value of $73.43 per coin on January 19, 2025. Thanks to exceptional market gains, $TRUMP climbed to a global top-30 crypto standing throughout its first few hours.

The debut of $TRUMP caused major changes across the entire cryptocurrency sector. Solana (SOL) gained a 4.12% value to $228 while serving as the token’s blockchain platform. Different Trump meme coins showed small price increases before 20-50% market crashes, demonstrating high market volatility.

Market Analysis of Top TRUMP Token Holders

PA news examined the TRUMP token buy and sell actions for the token’s top 1,000 holders to uncover their investment methods in the presidential token market.

Whale Investment Patterns

The TRUMP token has 853,000 addresses and 1 million centralized holders. The top 1,000 TRUMP token holders possessed 78.12 million tokens, worth 39% of the available supply outside major exchange accounts. These whales invested a total of $4.68 billion in TRUMP tokens.

Large investors invested $428 million to purchase 15.91 million TRUMP tokens, which cost them an average of $26.9 each. As of Jan. 20, the largest investors had increased their profit margin from token investments to 123%. The main token buyers put $591,000 in each whale buy to demonstrate their strong financial backing.

Purchase Cost Distribution

Notable Whale Investments and Sell-Offs

Timing of Purchases and Sales

A Swift Million-Dollar Investment Inside the TRUMP Token Saga

Among various blockchain addresses, one standout address, 6QSc2CxSdkUQSXttkceR9yMuxMf36L75fS8624wJ9tXv, executed a remarkable transaction on Jan. 18 at 10:01 AM, according to Dune analytics data. This entity used $1.09 million in 60 seconds to buy 5.97 million TRUMP tokens at 183.50 cents each, closely matching the token opening value. After purchasing these tokens, the seller sent them to different wallet destinations for quick resale. Around this time, the address bought $477 million worth of TRUMP tokens, trading at its highest recorded value of $82.

Based on available wallet data, this primary account exchanged more than $20 million in TRUMP tokens. Internet users think the address belongs to a Jupiter member who invested and traded five popular crypto tokens. This $1.09 million investment shows the investor had advanced TRUMP project details. It requires exceptional trading skills.

The TRUMP token network initiated service at 10 AM on Jan. 17, but trading did not begin until the next day. The analysis shows it’s unclear if someone knew of this token launch and made early investments.

The Capital-Driven Race in the MEME Token Market

Unlike other MEME tokens, TRUMP stands out because it built its success from features beyond its price growth. Research on whale behavior shows that modest payments produce small returns, not large earnings. Major social media endorsements that key opinion leaders shared only produced noteworthy results after significant investments.

For investors who bought TRUMP in smaller amounts, the project failed to live up to its promises despite many people seeing it as their last chance. In contrast to other past tokens that earned returns in the thousands of dollars, TRUMP achieved 450x gains, although they remained impressive.

People felt pressure to get involved in TRUMP for two key reasons. The fact that its market value reached $82 billion created the illusion that traders would earn extremely high profits. The initial Token Ownership Numbers posted their financial gains on social media, which helped spread the word about TRUMP quickly. The TRUMP

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Other articles published on Jan 23, 2025